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    104Th St Naperville, IL 60564

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    For Sale
    Contact for pricing

    Prime South Naperville lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional one-acre commercial land parcel presents a unique investment opportunity in the thriving South Naperville market. Located on 104th Street in Will County, Illinois, zip code 60564, this property is zoned B1 Planned Unit Development (PUD), specifically designed for neighborhood shopping centers. The lot boasts impressive dimensions, measuring 227 feet of frontage and 190 feet in depth, allowing for the construction of up to 9,000 square feet of building space. Its strategic location within an established neighborhood shopping center ensures high visibility and convenient access for potential businesses. The site benefits from existing infrastructure, including off-site stormwater detention, sewer connections, and dry utilities, significantly streamlining the development process and reducing upfront costs. Furthermore, convenient access is provided via Cresthaven Lane and easements from the nearby River Run Centre Shopping Plaza. This property is ready for immediate development and is well-suited for a variety of commercial uses, making it an attractive proposition for developers and investors seeking a prime location in a high-demand area. The property's location within a PUD ensures a cohesive and well-planned commercial environment, further enhancing its appeal. This is a rare opportunity to acquire a fully serviced lot in a bustling South Naperville neighborhood.

    Property Features for 0 104Th St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • One‑acre commercial lot in South Naperville's thriving market.
    • Located on 104th Street, Will County, IL, 60564, zoned B1 PUD for neighborhood shopping centers.
    • 227' frontage x 190' depth, allowing up to 9,000 SF of building space.
    • High visibility location within an established shopping center with convenient access.
    • Ready for immediate development with existing infrastructure (stormwater, sewer, utilities).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Naperville
    County
    Will
    State
    Illinois
    Longitude
    -88.1766939
    Latitude
    41.6939405

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    FAQs

    What type of property is this?
    Land - Prime South Naperville lot, ideal for development.
    Where is this land located?
    The property is located at 104Th St Naperville, IL.
    What are key features of this property?
    This property features: One-acre commercial lot in South Naperville's thriving market.; Located on 104th Street, Will County, IL, 60564, zoned B1 PUD for neighborhood shopping centers.; 227' frontage x 190' depth, allowing up to 9,000 SF of building space.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    104Th St Naperville, IL 60564
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